European Market Outlook - 9 June 2021

Investors studied the latest batch of economic data from the euro Faurecia, Valeo, Credit Agricole, Societe Generale, BNP Paribas, area and looked ahead to U.S. inflation data due on Thursday as Veolia, and Sanofi all had a 1 to 3 percent drop in their stock European markets closed moderately higher following a cautious prices. Thyssenkrupp, Merck, Vonovia, RWE, E.ON, and SAP all afternoon on Tuesday. Although investors remained upbeat about closed with strong to moderate increases in the German market, the global economy, market activity remained sluggish as investors while , Volkswagen, Daimler, and all finished worried that any significant increase in U.S. inflation would compel drastically lower. the Federal Reserve to consider curtailing its bond-buying programme.

The Stoxx 600 index in Europe rose 0.1 percent. The FTSE 100 in In economic news, Destatis statistics showed that German industrial the rose 0.25 percent, while the CAC 40 in output fell 1% month over month in April, reversing a revised 2.2 up 0.11 percent, while the DAX in fell 0.23 percent increase in March. Economists had predicted a 0.5 percent percent. The SMI in Switzerland increased by 0.23 percent. gain. In June, the ZEW Indicator of Economic Sentiment fell to 79.8 Thungela Resources (TGA.TO) gained over 30% in the UK from 84.4 the month before. It was predicted that the score will rise market. Intermediate Capital Group increased by 5.9%. to 86.0. The current economic condition was rated much better than Intercontinental Hotels, , , Takeaway, a month ago, with the score rising to -9.1 from 40.1. Smith DS, , Antofagasta, and all increased by 2 to 4%.

Aviva's stock soared after activist investor Cevian Capital According to data from the British Retail Consortium, retail sales in announced it had amassed a nearly 5% position in the insurer. the United Kingdom climbed significantly in May as a result of the , Smith & Nephew, IAG, , Lloyds removal of limitations connected to the coronavirus outbreak. In Banking Group, , M&G, and May, total sales increased 10% year over year, while like-for-like Group lost 1 to 2%. Unibail Rodamco increased its sales increased 23.7 percent. market capitalization by roughly 6% in France. Accor increased by around 3%. Technip, Legrand, Dassault Systemes, Kering, Hermes International, and Schneider Electric all increased their market capitalization.

Top Gainers Top Losers

Company Last Price Change% Company Last Price Change%

WFD Unibail Rodamco 78.14 +5.92% Koninklijke KPN 2.602 -4.30%

Intermediate Capital 2,283.00 +5.89% Bank Ireland 5.15 -3.92%

Nel ASA 17.32 +5.67% Porsche 97.360 -3.79%

Flutter Entertainment 13,715.0 +3.98% Elekta B 125.16 -3.29%

InterContinental 5,166.0 +3.86% K&S AG 11.678 -3.26%

European Market Outlook - 9 June 2021

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